Ghana Association of Restructuring and Insolvency Advisors (GARIA), an Association of Professionals established to play a leadership role in corporate restructuring, has urged the government to expedite the process in passing the corporate insolvency bill into law.
The Bill will ensure a significant impact in the business environment, provide a framework for restructuring viable businesses, closing and the transferring of assets of failed business.
Mr Felix Addo, the President of GARIA, made the call at its end of year cocktail reception on the theme: Towards Enhancing the Ease of Doing Business: The Journey So Far in Reforming the Companies and Insolvency Bills.
He said an effective insolvency would prevent the premature disme…
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